3 years ago

7555566756999-565656565656

Business

1 answer:

Eduardwww [97]3 years ago

8 0

Answer:

6.9899102e+12

Explanation:

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Oak Inc. has the following information regarding its assets: Book Value Estimated Cash Flows Fair Value Equipment $35,000 $30,00

ExtremeBDS [4]

Answer:

d. $7,000.

Explanation:

The computation of the loss recorded due to asset impairment is shown below:

= Book value - fair value

= $35,000 - $28,000

= $7,000

If we consider the building and the patent we see that the estimated cash flows are more than the book value, so no loss on impairment should be taken place

Therefore, only $7,000 should be recorded as a loss on impairment of the asset

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3 years ago

Lance’s Diner has a hot-lunch special each weekday and Sunday afternoon. The cost of food and other variable costs for each meal

Bumek [7]

Answer:

(a) $700

(b) $5.50

Explanation:

Weekly fixed costs = $6,000

Weekly Total meals = Average customers per day × No. of days

= 500 × 6

= 3,000

Fixed cost per meal = Weekly fixed costs ÷ Weekly Total meals

= $6,000 ÷ 3,000

= $2

(a) Lowest price in total = Number of customers × Variable costs for each meal

= 200 × $3.50

= $700

(b) Lowest price = Variable costs for each meal + Fixed cost per meal

= $3.50 + $2

= $5.50

5 0

3 years ago

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:

Rainbow [258]

Answer:

d. $75,000

Explanation:

total Los Angeles Bay Area Central Valley

Revenues $750,000 $200,000 $235,000 $325,000

Variable exp. $410,000 $110,000 $120,000 $180,000

Controllable $210,000 $65,000 $75,000 $70,000

<u>fixed expenses </u>

controllable $130,000 $25,000 $40,000 <u>$75,000</u>

profit margin

Noncontrollable fixed expenses and common fixed expenses are not included in the calculation of individual controllable profit margin.

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3 years ago

The first step in creating a budget is to identify your expenses. true or false.

sergij07 [2.7K]

The answer is True. Hope this helps

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3 years ago

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If the sender in a nonpersonal, paid promotion is identified, we define it as advertising. if the sender is not readily identifi

Ronch [10]

If the sender is not readily identified, we label it propaganda.
Usually, propaganda is used to advertise political causes, and to persuade you into believing that particular promotion. They want you to join them, and to follow their leader, which is why they are promoting their own causes, whilst not identifying themselves.

4 0

3 years ago